Options 201: Beyond Obi-Wan-Kenobe Message Board

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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe

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To: Dan Duchardt who started this subject	5/16/2002 11:24:45 PM
From: the-phoenix	Read Replies (2) of 1064

Dan: What are the trading costs with IB when I am assigned for these covered TRMS calls this weekend? I can't find any info on their website about assignment costs. Is it just the cost of the stock trade? Ironically, I sold some of the stock yesterday morning at 52.15, but when it later ran up over 53, I got nervous and bought it back at the close for 51.70. Then this morning it opened down around 49. Dought! So I tried to cheat on the covered calls and lower my basis a bit, but with very limited success. Won't even try tomorrow, just let it ride.

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